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Target’s Stock Up 4% On Strong Q1 Earnings
May 19, 2021 11:17 AM PDT| By Kiran MuraliThe stock of Target Corporation (NYSE: TGT) rose over 4 percent on Wednesday morning, May 19, after the retailer posted a 639 percent year-over-year growth in its fiscal first-quarter earnings. The Minneapolis-based general merchandise retailer re.....
Lowe’s Inc. Revenue Soars 77%, Bolstered By Pandemic-Fuelled Demand
May 19, 2021 11:00 AM PDT| By Team Kalkine MediaSummary The home improvement company recorded revenue of US$2.3 billion in Q1. Sales surged 25.9% to US$24.4 billion, aided by pandemic-fuelled demand. Lowe’s also had repurchased 16.8 million shares and paid US$440 million in dividends .....
Macy’s Raises FY’21 Forecast; Stock Up 68% YTD
May 18, 2021 05:29 PM PDT| By Team Kalkine MediaSummary The department store operator projects its net sales to grow to US$22.23 billion in fiscal 2021. Macy’s added 4.6 million new customers in Q1 ended May 1. The company’s stock is up 68 percent year to date, while it grew 243.....
Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1
May 18, 2021 04:59 PM PDT| By Team Kalkine MediaThe first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08 earnings per share diluted, in the year-ago period. The company’s net sales rose 32.7% to U.....
Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost
May 18, 2021 11:34 AM PDT| By Team Kalkine MediaSummary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the period. The company’s consolidated operating income surged 32.3% to US$6.9 billion, and its.....
Two Cosmetics Stocks To Explore On NYSE
May 10, 2021 06:03 PM PDT| By Team Kalkine MediaSummary Estée Lauder’s stock recently rallied to its 52-week high of US$318.34. Shares of New York-based cosmetics company Coty are up 27 percent this year. NYSE-listed Estée Lauder Companies Inc. (NYSE: EL) and Coty In.....
Etsy & Wayfair: Two E-Commerce Stocks Making A Splash
May 06, 2021 11:24 AM PDT| By Team Kalkine MediaSummary Etsy registered a 100% growth over the past year as active buyers soared to 16.3 million. Wayfair saw 52% jump in stock value as business grew in the US and Europe. The number of Wayfair’s active customers soared 57% YoY to 33.2 .....
Nike, H&M, Adidas Face Chinese Boycott, Social Media Heat
March 25, 2021 07:15 PM PDT| By Team Kalkine MediaSource: Joyseulay, Shutterstock Summary Beijing criticizes these fashion brands for their remarks on Uyghurs in Xinjiang. Social media users ask Adidas to leave while calling for boycotting other foreign brands. Popular actor Wang Yibo e...
Which Stocks Are Searched By The Retail Investors For investment?
March 02, 2021 08:59 PM PST| By Mark O'DonnellSource:Mihai_Andritoiu,Shutterstock The retail activism on the US stock exchanges has continued into March as well. It all started with GameStop Corp (NYSE:GME) in January but has not stopped there. Source: © Brodogg1313 | Megapixl.com The...
Big Lots makes huge waves as per its latest trading update
February 02, 2021 09:34 AM PST| By Team Kalkine Media. Its e-commerce business also gained momentum in the wake of coronavirus pandemic. Big Lots, Inc (NYSE:BIG) is based out of Columbus, Ohio. It is a discount retailer, operating over 1,400 stores in 47 states. The company also operates a growing...
Two Retail Stocks That Are Creating A Buzz
January 29, 2021 08:19 AM PST| By Team Kalkine MediaSource: jayk67, Shutterstock Summary Retail companies experience high demand even during an economic slowdown, which is the why they witnessed an exponential growth over the past year. Some companies have outperformed expectations even th...
